Rupert Murdoch Willing To Pay $80 Billion For Time Warner (TWX): Report

Shares of Time Warner (TWX) jumped more than 17% to $83 and change on the NYSE after news that Rupert Murdoch’s media giant ’21st Century Fox’ in recent weeks attempted to buy Time Warner, but the offer, first reported by The New York Times, was rejected. Time Warner on Wednesday confirmed that it had rejected Murdoch’s cash-and-stock […] View the full post at: Rupert Murdoch Willing To Pay $80 Billion For Time Warner (TWX): Report Related posts: Murdoch Says Google Is Stealing From Publishers Coinstar-Time Warner Deal Removes a Major Uncertainty in Their Business Model Executive Sentenced to 30 Years in $1.9 Billion Fraud Case